Turkey Pushes for Full Use of Kurdistan Oil Pipeline
ANKARA, TURKEY, JUL 29 – Turkey aims to renegotiate the suspended pipeline agreement and expand infrastructure to increase capacity and regional energy cooperation, with a 1.5 million barrels per day pipeline capacity.
3 Articles
3 Articles
Turkey asks Iraq to ensure full use of oil pipeline in talks
Turkish Energy Minister Alparslan Bayraktar said a proposed new energy agreement between Turkey and Iraq must include a mechanism to ensure the full use of the oil pipeline between the two countries. Last week, Ankara said the decades-old accord covering the Kirkuk-Ceyhan oil pipeline would end in July 2026 and an Iraqi official said Turkey had proposed expanding the deal to include cooperation in oil, gas, petrochemicals and electricity. Laying…
Turkey Pushes for Full Use of Kurdistan Oil Pipeline
Turkey wants Iraq to ensure that the oil pipeline from the semi-autonomous Iraqi region of Kurdistan to the Turkish port of Ceyhan on the Mediterranean is utilized to its capacity as Ankara and Baghdad are discussing terms of extending the pipeline agreement expiring next year. “This pipeline has a capacity of almost 1.5 million barrels per day. There's no flow at the moment. Even when it did flow, it was never at full capacity,” Turkish Energ…
Turkey's Iraq pipeline loss overshadowed by rail project ambitions
1,200km rail line to link Iraq and Turkey Could double Turkey’s trade Kirkuk-Ceyhan pipeline brought $250m a year Turkey lost nearly $250 million per year from the halt of crude exports via the Kirkuk-Ceyhan pipeline but the loss is dwarfed by the benefits Ankara is expected to reap from a mega rail project planned by neighbouring Iraq. Iraq’s Northern Kurdistan region (NKR) had paid Turkey up to $1.50 for every barrel of crude exported via the …
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